Showing posts with label Reliance. Show all posts
Showing posts with label Reliance. Show all posts

Friday, August 26, 2011

2G SPECTRUM SCAM: S.C. seeks CBI’s stand on bail pleas of Reliance officials!


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PTI / The Hindu / NEW DELHI, August 26, 2011.

A file photo of ADAG Group MD Gautam Doshi.
A file photo of ADAG Group MD Gautam Doshi - The Hindu.

The Supreme Court on Friday issued notice to the CBI on the bail pleas of three top executives of Reliance ADAG firm, arrested for their alleged involvement in the 2G spectrum scam.

Agreeing to hear their pleas, a bench headed by Justice G.S. Singhvi asked the investigating agency to file its reply on the bail pleas of ADAG Group MD Gautam Doshi, President Surendra Pipara and Senior Vice President Hari Nair.

The trio have challenged the rejection of their bail pleas by the Delhi High Court which, on May 23, had said, “The gravity of the offence itself is sufficient to deny bail“.

They have been in jail since April 20.

Their bail applications came up for hearing a day after all the 17 accused completed their arguments opposing the framing of charges against them in a special court exclusively set up to hold their trial in the 2G case.


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Friday, August 12, 2011

2G SPECTRUM SCAM: Reliance Telecom denies role!


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Press Trust Of India / ibnlive.in.com / Posted on Aug 12, 2011 at 07:55pm IST.


New Delhi: Anil Dhirubhai Ambani Group (ADAG) company Reliance Telecom Ltd (RTL), an accused in 2G spectrum case, on Friday told a Delhi court that it did no wrong and has been framed because of its big name.

"Why I (RTL) am treated differently? Why different standards were used for me? Just because I happened to be Reliance, a big name, you (CBI) slapped me," Hariharan, counsel for ADAG Group President Surendra Pipara, told Special CBI Judge OP Saini.

Seeking discharge from the case, the defence counsel said neither the company nor its three employees committed any act which could be linked with the case.


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Monday, July 11, 2011

2G Spectrum Scam: Supreme Court to hear plea against Sibal today!

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NDTV Correspondent, Updated: July 11, 2011 09:55 IST.


New Delhi:  The Supreme Court will hear of an affidavit filed by Centre for Public Interest Litigation (PIL) demanding a CBI probe into the waiving of penalty by the Telecom Minister Kapil Sibal to Anil Ambani's Reliance Telecom.


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Friday, July 8, 2011

2G SPECTRUM SCAM: Mr. SIBAL & RCOM: Is another Scam Unveiling?!

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Have you read, “Mayhem of the Miserables!available @ US$ 1/- with the Smashwords Summer/Winter promotion, ending July 31, 2011

Reliance Infocom (RCOM) has switched-off of the telecom service "violation of the terms and conditions of Universal Service Obligation Fund (USOF) agreement and UASL agreement by voluntary, unilateral and unauthorized switching-off/closure of services to subscribers from USOF sites without any notice."  - in 13 Circle that it operates;

Department of Telecom (DoT)'s has assessed the penalty at Rs. 50 Crores per Circle and issued a show-cause notice to RCOM for a total of Rs. 650/- Crores.

But when the file wast sent to Mr. Sibal, along with a detailed explanatory note, on February 09, 2011, he simply dismissed the unanimous views of the DoT officials and reduced the penalty to just Rs. 5/- Crores - benefiting the RCOM upto Rs. 645/- Crores.  

Mr. Kamini Jaiswal, Sr. Advocate and General Secretary  of 'Centre for Public Interest Litigation (CPIL)' has approached the Honorouble Supreme Court for a thorough investigation by the CBI, on abuse of authority by Kapil Sibal, to benefit Anil Ambani controlled RCOM.

01) With the next hearing on the Case due on July 11, 2011, is another 2G Spectrum Scam Unveiling?

02) Normally this kind of depriving of the public exchequer in favour of Corporates is stuck at 20% of the benefit to the Corporate, working out to be, in this case, Rs. 129/- Crores.

03) And 'Quid Pro Quo' need not be an immediate and direct cash payment; it could be future benefit or benefit to someone close to the abuser of the political power!

04) Definitely, Nation needs to know exactly why the Public Exchequer was deprived of Rs. 645/- Crores, with a stroke of pen (99.23% of the originally arrived penalty figure of the unanimous decision of the DoT Officials).

05)  While - on paper - RCOM got a benefit of Rs. 645/- Crores, who got benefited Rs. 129/- Crores??



Monday, May 30, 2011

2G Spectrum Scam: CBI probe of money trail in 2G scam in Mauritius on right track!

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VINAY KUMAR / THE HINDU.

In a major step forward in the ongoing probe into the 2G scam, the Central Bureau of Investigation (CBI) said on Monday that the Supreme Court of Mauritius has directed the island nation’s Attorney-General to provide all information sought by it through letter rogatory (LR).
“The Supreme Court has allowed the investigation to be carried out in the manner specified in the letter rogatory sent by the Indian agencies,’’ CBI sources said. They said the next step would be gathering of information from the custodians of information which may include fund managers and banks. Hopefully, the information would be available by June-end, the sources indicated.
A four-member team — two each from the CBI and Enforcement Directorate (ED)— is in Mauritius as part of its efforts to gather information about the antecedents of Delphi Investment, which had purchased Reliance Communications’ 9.9% stake in Swan Telecom as also to track the source of funding of Loop Telecom.
Whatever, CBI and ED are responsible for ferreting out around Rs. 34,000/- Crores of sleaze money in connection with 2G Spectrum Swindle.
"Where is all the sleaze money of atleast Rs. 35, 200 to Rs. 33, 600/- Crores of 2-G Spectrum gone???" @ http://prmadhura3.blogspot.com/2011/05/where-all-sleaze-money-of-atleast-rs-35.html


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